Aecon Group Balance Sheet Health
Financial Health criteria checks 5/6
Aecon Group has a total shareholder equity of CA$962.2M and total debt of CA$350.6M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are CA$3.3B and CA$2.4B respectively.
Key information
36.4%
Debt to equity ratio
CA$350.62m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$506.08m |
| Equity | CA$962.25m |
| Total liabilities | CA$2.37b |
| Total assets | CA$3.33b |
Recent financial health updates
Aecon Group (TSE:ARE) Takes On Some Risk With Its Use Of Debt
Apr 27
These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Extensively
Jan 04Here's Why Aecon Group (TSE:ARE) Has A Meaningful Debt Burden
Sep 09Recent updates
Aecon Group Inc.'s (TSE:ARE) Shares Leap 30% Yet They're Still Not Telling The Full Story
Nov 15Aecon Group's (TSE:ARE) Dividend Will Be CA$0.19
Jun 08This Is Why Aecon Group Inc.'s (TSE:ARE) CEO Compensation Looks Appropriate
May 29Concerns Surrounding Aecon Group's (TSE:ARE) Performance
Mar 12Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185
Aug 29Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185
Jun 10Aecon Group (TSE:ARE) Takes On Some Risk With Its Use Of Debt
Apr 27Is Now An Opportune Moment To Examine Aecon Group Inc. (TSE:ARE)?
Mar 04Aecon Group (TSE:ARE) Is Due To Pay A Dividend Of CA$0.185
Mar 04These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Extensively
Jan 04Here's Why Aecon Group (TSE:ARE) Has A Meaningful Debt Burden
Sep 09Is Now The Time To Look At Buying Aecon Group Inc. (TSE:ARE)?
Jun 17Financial Position Analysis
Short Term Liabilities: ARE's short term assets (CA$2.4B) exceed its short term liabilities (CA$2.1B).
Long Term Liabilities: ARE's short term assets (CA$2.4B) exceed its long term liabilities (CA$321.4M).
Debt to Equity History and Analysis
Debt Level: ARE has more cash than its total debt.
Reducing Debt: ARE's debt to equity ratio has reduced from 69.5% to 36.4% over the past 5 years.
Debt Coverage: ARE's debt is well covered by operating cash flow (41.9%).
Interest Coverage: Insufficient data to determine if ARE's interest payments on its debt are well covered by EBIT.